Dell BDR ratio shifts to 1:25 in Brazil stock split adjustment

Dell Technologies, Inc. Class C

Dell Technologies, Inc. Class C

DELL

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  • Dell Technologies’ BDR program in Brazil will reset its underlying-to-BDR ratio to 1:25 from 1:1.
  • The change is paired with a mandatory 25-for-1 BDR stock split; each BDR held on 29/07/2026 receives 24 additional BDR.
  • The ratio adjustment takes effect at the market open on 30/07/2026; new BDRs are credited on 03/08/2026.
  • Any fractional entitlements will be settled in cash, net of income tax, rather than delivered as BDRs.


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